Japan Prime Realty Investment Corporation (TSE:8955) entered into an agreement to acquire additional 87.6% stake in Sencity Building in Chiba from Taisei-Yuraku Real Estate Co.,Ltd.for ¥13.9 billion on February 14, 2020. Under the terms the transaction will be funded from funds procured through issuance of new units. The transaction is expected to be completed on March 27, 2020. Japan Real Estate Institute acted as appraiser in the transaction.